Flowserve Corporation (FLS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,500,820 | 5,108,720 | 4,790,630 | 4,749,770 | 5,314,680 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,500,820K
= 0.00
Flowserve Corporation's debt-to-assets ratio has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company is not relying on debt to finance its operations and investments, which can be a positive sign of financial stability and strength. A low or zero debt-to-assets ratio suggests that Flowserve Corporation may have a strong balance sheet with a lower risk of financial distress due to debt obligations. This ratio also implies that the company may have sufficient assets to cover its liabilities without having to heavily rely on borrowed funds.
Peer comparison
Dec 31, 2024